Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.099%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2732.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.099%, 7d avg +0.102%
Together, before fees+0.089%+$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOTUSDTM0.00050340.0100pay 0.0050% / 4h1h 13m$467K$133K50x
ShortBitget NOTUSDT0.00050390.0100get 0.0050% / 4h1h 13m$662K$387K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.099% → +0.102%
−$0.24
Slippage, 4 orders
−$248.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$273.03
Costs to cover
2.728%
Break-even
never at this rate
Slippage from KuCoin: live order book, 59 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 59 min ago12.92 bp109.6 bp −$110352.9 bp −$3,529doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago7.93 bp24.0 bp −$24104.7 bp −$1,047doesn't fitdoesn't fit

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0151%4h0.0005030−0.082%$71K$39Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.178%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0005051+0.338%$11K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005050+0.318%$370K$51K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005045+0.209%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005043+0.185%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005036+0.040%$2.1M$815K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005038+0.079%$613K$584K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005038+0.079%$140K$79K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005039+0.099%$1.3M$466K200xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOTUSDTMlong+0.0100%4h0.0005034long leg$467K$133K50x
Bitget NOTUSDTshort+0.0100%4h0.0005039+0.099%$662K$387K50x
BingX NOT-USDT+0.0100%4h0.0005036+0.040%$7.5Mas long as short
Extended kNOT-USD+0.0104%1h0.0005039+0.097%$4K$1K5xas long as short
BloFin NOT-USDT+0.0106%4h0.0005037+0.060%$110K$17K50xas long as short
Kraken Futures PF_NOTUSD+0.6195%1h0.0005045+0.225%$49K$10K10xas long as short